OFF MARKET

421/81-83 Cooyong Street
Reid ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 421/81-83 Cooyong St, Reid

421/81-83 Cooyong St, Reid is a 1 bedroom, 1 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Canberra Central
Lot/Plan
REID: Block 4, Section 7, Unit 130

Last Listing description (October 2024)

Situated on the 4th floor of the stylish Metropol complex, this 1-bedroom apartment offers an outstanding opportunity for investors seeking a turnkey investment with tenants in place. With its edgy, modern design and premium inner-city location, offering everything a future tenant could need at their doorstep.

Inside the apartment boasts a well-thought-out open-plan layout that maximizes space and natural light. The living and dining area flows seamlessly onto a private balcony, offering a perfect spot to relax or entertain while enjoying city or garden views. The sleek, modern kitchen comes fully equipped with premium stainless steel appliances, complemented by stone benchtops and ample cupboard space.

The spacious bedroom features built-in wardrobes, providing generous storage while maintaining a minimalist aesthetic. With floor to ceiling double glazed windows you can enjoy a abundance of natural light, The designer bathroom showcases modern fixtures, a large shower, and elegant finishes, creating a sense of luxury and style.

Metropol offers residents access to exceptional communal amenities, including a rooftop spa, chefs kitchen, and relaxation areas, making it a highly sought-after address in Canberra. Just steps from Canberra Centre, Glebe Park, and major transport hubs, this property is perfectly positioned for those who want the best of city living.

Ideal for investors or first-home buyers, this apartment offers a lifestyle of convenience and luxury, with secure tenancies already in place for a worry-free experience.

- Modern one bedroom apartment
- Open-plan living space with contemporary finishes
- Hybrid timber flooring though living
- Master with build in robes
- Kitchen with stone benchtops & SMEG appliances
- Floor to ceiling double glazed windows throughout
- Private balcony enclosed from the elements
- Secure basement carpark & storage cage
- European laundry
- Internal living 49m2 approx
- Balcony 11m2 approx
- Building 1 Level 4
- Outlook forwards
- Body corporate managers- Gradys Strata & Facilities
- Body corporate $492 approx a quarter
- Sinking fund $75 approx a quarter
- Currently rented $580 per week
- South facing
- EER 6

Complex facilties

Private rooftop garden
Heated rooftop pool
Spa & relaxation room
Chefs kitchen
Rooftop viewing terraces
Secure building access with intercom

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Property History for 421/81-83 Cooyong St, Reid, ACT 2612

A timeline of how this property has performed in the market
  • 24 Oct 2024
    Listed for Sale Not Disclosed
  • 18 Jul 2024
    Listed for Sale $489,000+

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About Reid 2612

The size of Reid is approximately 1 square kilometres. It has 7 parks covering nearly 16.5% of total area. The population of Reid in 2011 was 1,582 people. By 2016 the population was 1,645 showing a population growth of 4.0% in the area during that time. The predominant age group in Reid is 20-29 years. Households in Reid are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Reid work in a professional occupation. In 2011, 41% of the homes in Reid were owner-occupied compared with 38.2% in 2016.

Reid has 1,509 properties. Over the last 5 years, Houses in Reid have seen a 41.13% increase in median value, while Units have seen a 39.34% increase. As at 31 October 2024:

  • The median value for Houses in Reid is $2,208,920 while the median value for Units is $524,617.
  • Houses have a median rent of $600 while Units have a median rent of $575.
There are currently 14 properties listed for sale, and 5 properties listed for rent in Reid on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Reid.

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